DelaPlex Limited (NSE SME)

Jan 25, 2024 - Jan 30, 2024

Price ₹186 - ₹192
Premium ₹145
Lot size 600
Allotment Jan 31, 2024
Listing Feb 2, 2024
Category Lot(s) Qty Amount Reserved
Retail 1 600 115200 1329
HNI 2 1200 230400 570

Last updated on 30-Jan-2024 17:03:02

CategoryOfferedAppliedTimes
QIB4554004140180090.91
NIB342000114762000335.56
RETAIL797400127493400159.89
Total1594800283657200177.86
Retail Apps212489© IPO Premium
HNI Interest Cost per share (7 Days)
@7%
₹86.49		@8%
₹98.85		@9%
₹111.2		@10%
₹123.56		@11%
₹135.92		@12%
₹148.27
About

Incorporated on February 12, 2004, DelaPlex Limited is a subsidiary of delaPlex INC., which is a U.S.-based enterprise. DelaPlex INC. holds 51% of the company's shares. The Company provides technology and software development solutions and consulting services to help clients achieve growth, revenue, and marketplace value.

The company also provides various tech solutions including software-defined data centers, integrated infrastructure, cloud computing, DevOps, security solutions, data analytics, and artificial intelligence.

The company's test engineers hold ISTQB Gold certification, and its information security management system is ISO/IEC 27001:2022 certified. The company also complies with the requirements of ISO 9001:2015 for its Quality Management System.

The company's registered office is in Nagpur, with additional presence in Pune, Hyderabad, and Bengaluru.

The company provides services in India as well as in USA, and Dubai (UAE).

As of September 30, 2023, and for the financial year ended 2023, 2022 and Fiscal 2021, the company's revenue from operations was respectively ₹ 2,337.75 Lakhs, and ₹ 4,283.60 Lakhs, ₹ 4,014.73 Lakhs and ₹ 3,214.45 Lakhs was derived from sales outside of India.

As of September 30th, 2023, the company has a total of 300 personnel, with 286 employees on our payroll and 14 contractors responsible for the day-to-day business operations, administrative, secretarial, legal and accounting functions according to their respective designated duties.

DelaPlex IPO Details

Issue Size 2,400,000 shares
(aggregating up to ₹46.08 Cr)
Fresh Issue 1,800,000 shares
(aggregating up to ₹34.56 Cr)
Offer for Sale 600,000 shares of ₹10
(aggregating up to ₹11.52 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue 7,310,000
Share holding post issue 9,110,000
Market Maker portion 122,400 shares
Shreni Shares

DelaPlex IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

DelaPlex IPO Anchor Investors Details

DelaPlex IPO raises Rs 13.11 crore from anchor investors. DelaPlex IPO Anchor bid date is January 23, 2024.

Bid Date January 23, 2024
Shares Offered 682,800
Anchor Portion Size (In Cr.) 13.11
Anchor lock-in period end date for 50% shares (30 Days) March 13, 2024
Anchor lock-in period end date for remaining shares (90 Days) June 12, 2024

DelaPlex IPO Lead Manager(s)

  • Shreni Shares Limited

Key Performance Indicator

KPI Values
ROE 40.45%
ROCE 56.73%
RoNW 56.73%
P/BV 0

 

 

Pre IPO Post IPO
EPS (Rs)  10.82 9.34
P/E (x)  17.75 20.55

Company Financials

DelaPlex Limited Financial Information (Restated)

DelaPlex Limited's revenue increased by 9.69% and profit after tax (PAT) rose by 29.23% between the financial year ending with March 31, 2023 and March 31, 2022.

 
Period 30 Sep 2023 Mar 2023 Mar 2022 Mar 2021
Assets 3,185.45 2,638.33 1,790.90 1,100.77
Revenue 2,814.28 5,521.81 5,034.06 3,633.30
Profit 425.53 790.72 611.87 404.00
Net Worth 2,775.58 2,350.05 1,559.32 947.45
Reserves 2,774.58 2,349.05 1,558.32 946.45
Amount in ₹ Lakhs
 
Lead Manager(s)

DelaPlex IPO Lead Manager(s)

  • Shreni Shares Limited
Strength
Weakness
Registrar

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